Mark Mobius
Mark Mobius
Joseph Mark Mobiusis an emerging markets fund manager at Franklin Templeton Investments. Mark Mobius, Ph.D., executive chairman of Templeton Emerging Markets Group, joined Templeton in 1987. Currently, he directs the Templeton research team based in 18 global emerging markets offices and manages emerging markets portfolios. In 2015, after leading the company for a quarter of a century, Mark Mobius decided to step down as the lead manager of the Templeton Emerging Markets Investment Trustand handed over control of the fund...
NationalityAmerican
ProfessionBusinessman
Date of Birth17 August 1936
CountryUnited States of America
There's no reason to sell, because earnings growth is keeping pace with share prices. We're in an amazing period of history for many of these markets.
We're not at the danger stage yet, but we are at danger of getting there - and history does repeat itself.
We feel Russia is at the start of a long development towards creating a more transparent functioning market economy.
We're very bullish on emerging markets right now because of valuations, ... Valuations are so reasonable it makes sense to put money in.
We were excited about Hong Kong two years ago and we put a lot of money there. Now we're more cautious because we're finding better bargains elsewhere. Quite frankly, we're investing in China.
We were investing at this terrible time when emerging markets were all going down, some by 90-odd percent, and we are now benefiting from that, ... You had one crisis after another. You had Russia, Brazil, Thailand. We were investing in all of them.
We believe that in the long term, Russia has very, very good value,
When you consider the sheer magnitude of investable equities to choose from in the world's emerging markets, you realize that finding one that looks attractive enough to warrant investing your faith and assets in is as formidable a task as finding a needle in a haystack. Fortunately, researching investment opportunities is a lot more interesting than digging for needles in haystacks.
Sometimes, when there's too much traffic clogging up the road, you need to take a different route. But following the same path as everyone else can stall your progress in reaching your investment goals too.
Although investors have been concerned with China's slowing growth rate, China remains one of the largest and fastest-growing economies in the world.
The only way to consistently stay ahead of the game is to adopt a long-term view and, if appropriate, with a strong contrarian spin.
What goes down usually goes back up, if you're willing to be patient and don't hit the panic button.
There is definitely going to be another financial crisis around the corner because we haven’t solved any of the things that caused the previous crisis,
China and the U.S. have a very symbiotic relationship which will not decline any time soon. There are more shared interests as compared to shared differences and for this reason relations will continue to be good.